The Japanese bonds traded nearly flat Tuesday as market observed little trading activity in the light of no important economic data or events. Also, the BoJ maintained bond buying programme plan unchanged.
The yield on the benchmark 10-year Treasury note, which moves inversely to its price, traded flat 0.079 percent, the yield on long-term 40-year note up 1/2 basis point to 1.10 percent and the yield on short-term 3-year traded steady at -0.111 percent by 03:50 GMT.
The Bank of Japan has maintained the target amount for its government bond buying programme at its regular market operations in August from July, the central bank's bond buying plan released on Monday showed.
The BoJ kept the amount of buying steady in its six categories based on maturities, including 350-550 billion yen in JGBs with five- to ten-years to maturity.
According to an overnight report from the Nikkei, Japan's Q2 GDP, scheduled to be released on August 14, is seen at an annualized +2.6 percent, compared to that in the previous quarter, largely owing to higher domestic demand. Further, upbeat capital investment as well as personal consumption amid recovery in corporate earnings are also expected to favor growth.
Also, Japan July Nikkei/Markit manufacturing PMI (final) came in at 52.1, tad lower than the preliminary reading of 52.2 and from 52.4 in June.
Meanwhile, Japan’s Nikkei 225 rose 0.28 percent to 19,980.20 by 04:00GMT and the FxWirePro's Hourly Yen Strength Index remained neutral at 31.08 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen
China’s Small Bank Consolidation Struggles as Profits Fall and Risks Persist
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 



